XM Banner
Scroll up
Blog / US Elections 2024: Trump vs. Harris
US Elections 2024: Trump vs. Harris

US Elections 2024: Trump vs. Harris

Published: 26.09.2024 | Author: Noirbull

As the 2024 US presidential election approaches, there is a palpable sense of anticipation regarding the potential showdown between former President Donald Trump and current Vice President Kamala Harris. This election cycle promises to be one of the most contentious and captivating in recent history, with each candidate's unique strengths and weaknesses likely to shape the future of the country.

Trump: The Comeback Kid

Donald Trump, a figure who dominated the political landscape during his presidency, has announced his candidacy once again. His supporters are fervent, drawn to his unapologetic style and promises of economic revival. He is seen as a master of media and messaging, capable of rallying crowds and dominating news cycles. His "America First" platform continues to resonate with many, emphasizing deregulation, tax cuts and a hardline stance on immigration.

However, controversies linger around him, including ongoing legal battles that could potentially impact his campaign. It is fascinating how Trump manages to maintain his relevance even as he faces scrutiny. Many wonder if his ability to connect with the electorate will outweigh any negative perceptions that might arise from these challenges.

Harris: A New Vision

On the other side of the spectrum, Kamala Harris represents a new generation of leadership. As the first woman and first woman of color to serve as Vice President, her candidacy carries immense historical significance. Her focus on social justice, healthcare reform and climate change is appealing, as these issues resonate with a large segment of the electorate that craves change.

Harris's experience as a former prosecutor and California Attorney General brings a unique perspective to the race. However, criticisms regarding her handling of immigration policies and her popularity among voters cannot be overlooked. As she steps into the spotlight as the likely Democratic nominee, it will be interesting to see how she addresses these challenges and mobilizes her base.

Key Issues at Stake

The issues that will shape this election reveal a deeply divided American public. The economy remains a pressing concern; voters are likely to be keen to hear how both candidates plan to navigate inflation and job creation. Additionally, social issues like abortion rights, gun control and racial justice will undoubtedly play significant roles in the candidates’ campaigns.

Another critical factor will be how each candidate engages with their respective bases while attempting to attract independents. The contrast between Trump’s populist appeal and Harris’s more traditional Democratic platform is intriguing. Both candidates will need to find a balance between energizing their supporters and appealing to undecided voters.

The Debate Stage

Debates will play a crucial role in shaping public perception of both candidates. They are expected to be contentious, with Trump’s combative style likely clashing against Harris’s more measured approach. Trump has previously demonstrated his ability to dominate the debate stage, often employing provocative rhetoric to sway public opinion. However, there is speculation that he may skip the second round of debates. If he does, it could be interpreted as a strategic decision to sidestep potential pitfalls or criticisms. On the flip side, this move could backfire, allowing Harris the opportunity to connect more effectively with undecided voters.

The debates will likely highlight the stark differences in their policies and personalities. Harris’s focus on unity and progress is expected to stand in sharp contrast to Trump’s confrontational stance. How each candidate navigates these exchanges could significantly impact their standing in the polls.

Global Implications

The outcomes of the 2024 elections will not only affect the United States but could also have profound implications worldwide. A Trump victory could signal a shift towards isolationism, potentially straining international alliances and altering global trade dynamics. His “America First” mantra may lead to policies that prioritize national interests over global cooperation, impacting everything from climate change agreements to military alliances.

Conversely, a Harris presidency could rejuvenate multilateralism and strengthen international partnerships. Her focus on global issues such as climate change and human rights might foster a more collaborative approach to tackling these challenges. Her presidency could potentially redefine the US's role on the world stage, promoting a more inclusive and cooperative agenda.

Influence of Elections on Forex and Crypto Markets

Elections can significantly influence both the forex and crypto markets, as traders often react to the potential economic policies and stability associated with different candidates. For instance, a candidate perceived as pro-business may lead to increased investor confidence, strengthening the national currency. Conversely, a candidate with a more interventionist approach could cause volatility, leading to depreciation in the currency as traders anticipate regulatory changes or economic instability.

In the crypto space, elections can also create fluctuations. Policies regarding cryptocurrency regulation, taxation, and integration into the financial system can impact investor sentiment and market dynamics. A favorable regulatory environment could drive more institutional investment into cryptocurrencies, boosting their value, while uncertainty or negative regulation could prompt sell-offs. Overall, the outcomes of elections can create ripples across these markets, as traders adjust their strategies based on the perceived economic landscape and the implications of the elected leaders’ policies.

The Road Ahead

As the election approaches, there is a mix of excitement and anxiety about the state of democracy. The prospect of a Trump vs. Harris face-off brings both challenges and opportunities. The outcome of this election will not only determine the next president but will also reflect the values and priorities of the American people.

Ultimately, every voice and vote will matter. Whether in support of Harris’s vision of progress or weighing the return of Trump’s boldness, citizens are encouraged to stay informed and engaged in the democratic process. The 2024 election is more than just a contest between two candidates, it represents a pivotal moment in the nation’s history and the world is watching to see how it unfolds.

Top 10 Facts About US Elections

  1. Electoral System: The United States uses an Electoral College system for presidential elections, where each state has a set number of electors based on its representation in Congress. A candidate needs 270 electoral votes to win the presidency.
  2. Election Day: Federal elections are held on the first Tuesday after the first Monday in November. This date was established in 1845 to standardize election timing across states.
  3. Voter Turnout: Voter turnout varies significantly by election type. In presidential elections, turnout tends to be higher, often exceeding 60%, while midterm election turnout averages around 40%.
  4. Primary Elections: Most states hold primary elections to determine the nominees for each political party. These can be either closed (only registered party members can vote) or open (any registered voter can participate).
  5. Absentee Voting: Many states allow absentee voting, enabling citizens to cast their votes by mail if they cannot attend polling places on Election Day. This has become increasingly popular, especially in recent elections.
  6. Swing States: Certain states, known as swing states or battleground states, do not consistently vote for one party in presidential elections. These states often receive significant attention from candidates, as they can determine the outcome of the election.
  7. Voting Rights: The Voting Rights Act of 1965 was a landmark piece of legislation aimed at eliminating racial discrimination in voting. However, recent years have seen debates over voter ID laws and access to polling places.
  8. Campaign Financing: Political campaigns in the US are financed through a combination of individual donations, political action committees (PACs) and super PACs. The Supreme Court's Citizens United v. FEC ruling in 2010 allowed for unlimited independent spending by corporations and unions.
  9. Historic Elections: The 2008 presidential election was notable for the election of Barack Obama, the first African American president. The 2020 election saw the highest voter turnout in over a century, with more than 159 million Americans casting their votes.
  10. Influence of Social Media: Social media platforms have become crucial for political campaigns, allowing candidates to connect with voters, share messages and mobilize supporters. However, this also raises concerns about misinformation and foreign interference.

These facts illustrate the complexity and importance of the electoral process in the United States, influencing not only domestic policies but also global perceptions of democracy.

Feel free to share our work. Thank you!
Disclaimer: The information and publications do not serve as, and should not be construed as, financial, investment, trading, or any other form of advice or recommendations endorsed or provided by Noirbull. Any expression of opinion (which may change without prior notice) reflects the author's personal viewpoint, and the author does not assert any representations or warranties regarding the accuracy or comprehensiveness of the information or analysis provided. Neither the authors nor Noirbull bear responsibility for any losses arising from investments made based on perceived recommendations, forecasts, or other information presented herein. The content of these publications should not be construed as a direct or implied assurance, guarantee, or indication by Noirbull that customers will profit or that losses associated with them can or will be mitigated if they rely solely on the information provided.